South Florida Arbitration & Litigation Lawyer BlogNegligence and Breach of Contract FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
October, 2011:
The SEC Sanctions Direct Edge Electronic Exchanges and Orders Remedial Measures to Strengthen Systems and Controls
Articles Posted in SEC Enforcement Actions 2011
Corey Ribotsky and The NIR Group LLC
Investment Fraud, Misrepresentation and Mismanagent FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
September, 2011:
SEC Charges Long Island-Based Hedge Fund Manager with Fraud Involving PIPE Transactions.
Barr M. Rosenberg
Securities FINRA Arbitration and Litigations Fraud and Mismanagement Attorney, Russell L. Forkey, Esq.
September, 2011:
On or about September 22, 2011, The Securities and Exchange Commission entered an Order Instituting Administrative and Cease and Desist Proceedings, Pursuant To Section 9(b) of the Investment Company Act of 1940, and Sections 203(f) AND 203(k) of the Investment Advisors Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease and Desist Order against Barr M. Rosenberg.
SEC Files Subpoena Enforcement Action Against Deloitte & Touche in Shanghai
FINERA Arbitration and Securities Fraud Litigation Attorney, Russell L. Forkey, Esq.
September, 2011:
The Securities and Exchange Commission recently filed a subpoena enforcement action against Deloitte Touche Tohmatsu CPA Ltd. for failing to produce documents related to the SEC’s investigation into possible fraud by the Shanghai-based public accounting firm’s longtime client Longtop Financial Technologies Limited.
National Stock Transfer, Inc., Kay Berenson-Galster and Roger Greer
Securities Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
September, 2011:
Securities and Exchange Commission v. National Stock Transfer, Inc., Kay Berenson-Galster and Roger Greer, Case No. 2:11-CV-00798 (USDC Utah).
Anthony Scolaro
Hedge Fund Investment Fraud Attorney, Russell L. Forkey, Esq.
August 31, 2011:
Securities and Exchange Commission v. Anthony Scolaro, Civil Action No. 11-CV-6112 (S.D.N.Y.)
James Davis Risher and Daniel Joseph Sebastian
Central Florida Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
August 29, 2011:
The Securities and Exchange Commission recently charged two Florida men with operating a Ponzi scheme disguised as a purported private equity fund that fraudulently raised approximately $22 million from more than 100 investors, many of whom were Florida teachers or retirees.
DAVID G. BROUWER
FINRA Equity Linked Note Fraud and Misrepresentation Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
August, 2011:
Recently, The Securities and Exchange Commission (“Commission”) deemed it appropriate and in the public interest that public administrative and cease-and-desist proceedings be instituted pursuant to Section 8A of the Securities Act of 1933 (“Securities Act”), Sections 15(b) and 21C of the Securities Exchange Act of 1934 (“Exchange Act”), Section 203(f) of the Investment Advisers Act of 1940 (“Advisers Act”), and Section 9(b) of the Investment Company Act of 1940 (“Investment Company Act”) against David G. Brouwer (“Respondent” or “Brouwer”).
Sam Otto Folin, Benchmark Asset Managers LLC, and Harvest Managers LLC
Securities Fraud Litigation and Arbitration Attorney, Russell L. Forkey, Esq.
July, 2011:
Securities and Exchange Commission v. Sam Otto Folin, Benchmark Asset Managers LLC, and Harvest Managers LLC, Civil Action No. 11-cv-4447 (E.D. Pa. July 12, 2011)
Roman Lyniuk
Florida Securities Litigation and FINRA Arbitration Attorney, Russell L. Forkey, Esq.
July, 2011:
Roman Lyniuk: